FG allocates new crude oil terminals to Swede Control Intertek

By Elizabeth Adegbesan
The Federal Government, through the Central Bank of Nigeria (CBN), has announced the allocation of two additional crude oil terminals to Swede Control Intertek Limited, a Pre-shipment Inspection Agent.
The decision was contained in a statement signed by the Director of the CBN’s Trade and Exchange Department, Aderinola Shonekan.
According to the apex bank, the newly allocated terminals are the Cawthorne and Okwok terminals.
The CBN said the allocation is part of ongoing efforts to improve efficiency and transparency in crude oil export operations.
“This is to notify all Authorised Dealer Banks, Nigeria Customs Service, Nigerian Upstream Petroleum Regulator...